Contact Information

Mobile Home Park Details

  • Price: $650,000
  • Purchase Method: Cash, New Loan
  • Listing ID: 6806615
  • Posted On: Jan 17, 2025
  • Updated On: Jan 27, 2025

Description

17 total lots
15 lots with homes
Mostly 3-bedroom homes with 2-3 two-bedroom units
Tenant mix: Majority Park-owned homes
Most tenants on month-to-month leases
Utilities:
Water: City provided, direct bill
Sewer: City provided, direct bill
Electricity: City provided, direct bill
Water Lines: PEX material
Sewer Lines: PVC material
Roads: Asphalt construction
Flood Plain Status: None

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Park Information

Number of MH Lots: 17
Total Occupancy: 88.0 %

Financial Information (Pro Forma)

Gross Income: $132,000
Operating Expense: $18,705
Net Operating Income: $113,295
Expense Ratio: 14.2 %

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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